Sri Lanka is asking foreign investors in its internationalsovereign bonds to take a 30% haircut and is seeking similarconcessions from holders of its other dollar-denominated bondsas it seeks to ...

Colombo, Sri Lanka — Sri Lanka's private creditors have accepted a 28 percent haircut on $12.5 billion in sovereign bonds, the government announced Thursday, meeting a key condition of ...

Reuters reported on Thursday Sri Lanka's private creditors had sent a new proposal on how to restructure $12 billion of overseas debt.. The proposal suggests coupons as a mix of cash and payment ...

Sri Lanka is asking international bondholders to take a 30% haircut and is seeking similar concessions from investors in its domestic dollar-denominated notes as it seeks to overhaul its massive ...

Sri Lanka’s private creditors have accepted a 28 percent haircut on $12.5 billion in sovereign bonds, the government announced Thursday, meeting a key condition of an IMF bailout.